Forecasts of COVID-19 impacts on Africa’s GDP growth

Institution, date

Africa’s GDP growth prospect

IMF Regional Economic Outlook: Sub-Saharan Africa, 15 April 2020 (IMF, 2020)

Growth in sub-Saharan Africa in 2020 is projected at –1.6%, the lowest level on record, a downward revision of 5.2 percentage points compared to six months ago.

World Bank, 9 April 2020 (World Bank, 2020)

GDP growth in Sub-Saharan Africa could fall sharply from 2.4% in 2019 to between –2.1% to –5.1% in 2020.

African Union Commission, 6 April 2020 (AUC, 2020)

Forecasts shows a negative growth from 3.4% to between –0.8% to –1.1%.